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Definition of Demand deposit
1. Noun. A bank deposit from which withdrawals can be made without notice.
Lexicographical Neighbors of Demand Deposit
Literary usage of Demand deposit
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1904)
"The receiver at first made a demand deposit, but subsequently, at the solicitation
of an officer of the bank, and with no consideration moving to him, ..."
2. Some Aspects of Banking Theory by William Howard Steiner (1920)
"The manufacturer of the machine receives the demand deposit in exchange for his
... By virtue of the savings deposit, the creation of a new demand deposit, ..."
3. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"... of the bookkeeping force who is also in charge of a ledger containing demand
deposit accounts. One sheet of a ledger is devoted to a customer's account. ..."
4. The Financial War on Terrorism: A Guide by Financial Action Task Force (2004)
"From the middle of April 2001 the individual made several large transfers from
his savings account to his demand deposit account. ..."
5. The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the (1847)
"... or should "on demand" deposit in the Bank of England, the amount of the
purchase-money :—Held, that the condition of the bond was not in accordance with ..."
Other Resources:
